Midnight Explodes 20% as Privacy Narrative Pushes NIGHT Above $0.10

• Midnight breaks $0.10 as privacy demand fuels aggressive trading momentum
• NIGHT outperforms market after volume surge signals speculative investor appetite
• Privacy narrative lifts Midnight while broader crypto growth remains muted

Midnight has captured market attention after recording a sharp price surge driven by renewed interest in blockchain privacy. The token’s move stood out as broader crypto prices showed limited momentum during the same period. Notably, NIGHT climbed by 20% within 24 hours, significantly outperforming the wider market’s 0.98% increase. This divergence highlights a clear shift in trader focus toward privacy-focused digital assets.

According to CoinMarketCap data, NIGHT successfully pushed above the $0.10 resistance level, a key psychological barrier. At press time, the token traded at $0.1054, representing a 20.15% daily gain. Earlier trading activity saw NIGHT reach an intraday high of $0.1189 before stabilizing. That move reinforced expectations that buyers remain willing to defend higher price levels.

Meanwhile, trading volume expanded sharply, reflecting strong market engagement. NIGHT’s 24-hour volume jumped by 81.94% to $8.98 bn, far exceeding recent averages. Significantly, the reported trading volume exceeded Midnight’s total market capitalization by nearly five times. Consequently, this imbalance suggests heightened speculative activity rather than purely organic accumulation.

Technical indicators also reveal stretched momentum across the chart. The Relative Strength Index climbed to 81.82, placing NIGHT deep within overbought territory. However, recent price behavior suggests traders remain comfortable with elevated risk. Sustained volume inflows have continued to support prices above the $0.10 level.

Source: Tradingview

Also Read: Pundit Highlights the Side of Crypto “People Never See” and How it Affects XRP

Volume surge reinforces privacy-driven momentum

Over the weekend, Midnight experienced a notable increase in trading activity. Volume rose by more than 60% to above $3.5 bn, pushing prices from $0.063 to $0.07. That earlier surge laid the foundation for the current breakout. Besides price appreciation, the consistency of volume growth signaled strengthening conviction among market participants.

Additionally, the rally coincides with broader interest in privacy-centric blockchain solutions. Investors appear increasingly drawn to assets offering enhanced transaction confidentiality.  Such a partnership could strengthen Midnight’s ecosystem appeal if confirmed. Hence, traders are factoring future utility prospects into current pricing behavior.

Meanwhile, interest in privacy assets is not limited to Midnight alone. Zcash has also seen increased activity, with trading volume rising by 36.36% alongside a modest 1.06% price increase. This broader trend reflects ongoing regulatory concerns shaping investor strategies. Consequently, privacy-focused tokens continue attracting capital as alternative exposure plays.

Midnight’s recent move above $0.10 underscores how narrative-driven demand can rapidly shift market dynamics. For now, NIGHT remains firmly positioned among the most actively traded privacy assets.

Also Read: Analyst: XRP to Hit $27 During Wave 3 Cycle – Here Are Key Levels to Watch

The post Midnight Explodes 20% as Privacy Narrative Pushes NIGHT Above $0.10 appeared first on 36Crypto.